Financial news on November 22, 2007

Business and Financial news
Adapting Finance to Islam

Rising oil wealth is lifting Islamic banking — banking that adheres to the laws of the Koran and its prohibition against charging interest — into the financial mainstream. Read more..

By WAYNE ARNOLD - The New York Times

An E-Book Reader That Just May Catch On

The Kindle is the latest in a long line of e-book readers. Will it succeed where others have failed? Read more..

By DAVID POGUE - The New York Times

Cerberus Seeks Court Ruling to End Deal

Cerberus, still trying to scuttle its $4 billion purchase of United Rentals Inc., said that it had filed a request for declaratory judgment in New York State Supreme Court. Read more..

DOW JONES/THE ASSOCIATED PRESS - The New York Times

Deutsche Telekom Will Let Rivals Operate iPhones

Deutsche Telekom said that it would change some terms and let the handset operate on rival networks. Read more..

By BLOOMBERG NEWS - The New York Times

How to Keep the Juice Flowing

I am using a Dell Inspiron laptop as my home desktop computer. Can I remove the battery? Is there a danger of a crash if a sudden power failure occurs? Read more..

By J. D. BIERSDORFER - The New York Times

Millions in Sales From 3 Simple Words

From a a three-word slogan, “Life is good,” two brothers have developed a fashion brand sold in 4,500 independent retail outlets in the United States and 27 other countries. Read more..

By GLENN RIFKIN - The New York Times

Mouse With a Memory Can Be Used for File Storage

The Mobile Memory Mouse 8000 from Microsoft has a U.S.B. transceiver that doubles as a one-gigabyte flash drive for storing and transferring files. Read more..

By J. D. BIERSDORFER - The New York Times

Stocks Plummet on ‘Ugly Week’ for Investors

The Dow fell to its lowest level since April on a day when oil prices moved near the symbolic $100 level. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Togetherness Finally Arrives in the Form of Headphones That Double as MP3 Players

Koss decided to mash the two together with its MP3 Tügo (as in “to go”), a pair of audiophile-style headphones with a built-in player. Read more..

By JOHN BIGGS - The New York Times

Your Rock ’n’ Roll Fantasy

New music games put players on stage, adoring crowds included. Read more..

By WARREN BUCKLEITNER - The New York Times

Exchange Rates of November 22, 2007
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 108.410 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 0.985 CAD 1 CAD = 1.015 USD
US Dollar Swiss Franc 1 USD = 1.101 CHF 1 CHF = 0.908 USD
US Dollar Chinese Yuan 1 USD = 7.412 CNY 1 CNY = 0.135 USD
Euro Japanese Yen 1 EUR = 161.010 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.720 GBP 1 GBP = 1.389 EUR
Euro Australian Dollar 1 EUR = 1.704 AUD 1 AUD = 0.587 EUR
Euro Canadian Dollar 1 EUR = 1.463 CAD 1 CAD = 0.683 EUR
Euro Swiss Franc 1 EUR = 1.635 CHF 1 CHF = 0.612 EUR
Japanese Yen Pound Sterling 1 JPY = 0.447 GBP 1 GBP = 2.237 JPY
Japanese Yen Australian Dollar 1 JPY = 1.058 AUD 1 AUD = 0.946 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.909 CAD 1 CAD = 1.101 JPY
Japanese Yen Swiss Franc 1 JPY = 1.015 CHF 1 CHF = 0.985 JPY
Pound Sterling Australian Dollar 1 GBP = 2.366 AUD 1 AUD = 0.423 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.032 CAD 1 CAD = 0.492 GBP
Pound Sterling Swiss Franc 1 GBP = 2.270 CHF 1 CHF = 0.441 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.858 CAD 1 CAD = 1.165 AUD
Australian Dollar Swiss Franc 1 AUD = 0.959 CHF 1 CHF = 1.043 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.117 CHF 1 CHF = 0.895 CAD

See what else happened on November 22, 2007